Principal Renewable and Storage Originator Analyst

Requisition ID # 168934

Job Category: Business Operations / Strategy

Job Level: Manager/Principal

Business Unit: Engineering, Planning & Strategy

Work Type: Hybrid

Job Location: Oakland

Department Overview

The Energy Policy and Procurement (EPP) organization is responsible for sourcing energy products and shaping PG&E’s engagement in energy-related regulatory and legislative proceedings at the state, regional, and federal levels. EPP oversees long-term energy portfolio planning, risk management, and compliance functions.

The Structured Energy Transactions (SET) Department manages wholesale power purchase agreements for renewable and storage resources, overseeing procurement programs designed to meet policy objectives cost-effectively. Within SET, the Structured Transactions (ST) Team leads the structuring, origination, negotiation, and management of PG&E’s wholesale electric procurement, including solar, biomass, geothermal, wind, and energy storage. The team drives the execution of solicitations, develops power purchase agreements (PPAs), and ensures these activities support state reliability and environmental goals.

Position Summary

As a key contributor to the ST team, this individual will negotiate commercial terms and conditions of energy contracts, and contribute in other areas of PG&E's structured energy procurement efforts. This team may be responsible for leading various commercial activities to procure renewable energy, distributed resources, or storage capacity. This role will work closely with other teams including Energy Settlements and Contract Management (back office), Short Term Electric Transactions (front office), Energy Transactions & Solicitations, Portfolio Management, Law, Risk, and Regulatory Affairs. Success in this position will require the ability to motivate and influence the work of others and work across teams within the Energy Policy and Procurement organization, and throughout the company.

This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service Territory. The preferred work location is Oakland, CA.

PG&E is providing the salary range that can reasonably be expected for this position at the time of the job posting. This salary range is specific to the locality of the job. The actual salary paid to an individual will be based on multiple factors, including, but not limited to, internal equity, specific skills, education, licenses or certifications, experience, market value, and geographic location. The decision will be made on a case-by-case basis related to these factors. ​ This job is also eligible to participate in PG&E’s discretionary incentive compensation programs.

A reasonable salary range for Bay Area is $136,000 to $202,400.

Job Responsibilities Lead the origination and negotiation of PPAs for new renewable and energy storage projects, directly supporting PG&E’s clean energy objectives as the second largest buyer of clean energy in California. Originate and execute highly structured, long-term power purchase and sales agreements, including innovative product offerings through complex solicitations. Develop, manage, and negotiate wholesale power sales and procurement activities across storage capacity, renewable energy, and GHG-Free products. Evaluate complex power procurement contracts, synthesize key deal points, and communicate strategic insights to senior management. Prepare strategy papers and briefing materials for Senior Leadership as required. Understand project development life-cycle and how CAISO rules impact procurement and project economics. Builds and manages relationships with new and existing entities in the renewables and storage market. Leads identification, development, implementation, and resolution of issues associated with complex, cross-functional strategy and policy matters.

Qualifications

Minimum: Bachelor’s Degree with coursework in a business- related field, mathematics, engineering, or equivalent field of study; or equivalent experience Job-related experience, 8 years

Desired: Master’s degree Minimum of four years’ experience in wholesale supply, development, or strategy/policy within the energy industry Strong understanding of procurement requirements for the Company’s wholesale energy portfolio and their impact on competitive positioning, as well as relevant rules and regulations Comprehensive knowledge of energy contract provisions, typical counterparty considerations, and the implications of specific contractual language Proven leadership abilities with a track record of developing new procurement products and contract documents Expertise in presenting complex data and findings to varied audiences; leading Company development initiatives; and representing Structured Transactions in discussions related to electric procurement issues Direct experience with CAISO products, market operations, and settlement processes Solid grasp of organizational structures, decision-making frameworks, and governance procedures related to commercial procurement Ability to influence senior decision-makers Skilled in managing major cross-functional projects and organizational initiatives Strong analytical capabilities for addressing complex issues and recommending solutions even when operating with limited information and time constraints Commitment to fostering a collaborative work environment that encourages teamwork, information and experience sharing, constructive communication, and both professional and personal development Demonstrated focus on quality, operational efficiency, and continuous process improvement Outstanding communication skills—interpersonal, written, and presentation—including experience delivering executive-level briefings that distill and clarify complex concepts Exceptional project management expertise Demonstrated ability to excel in a team-oriented environment, self-motivation, and attention to detail